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St Barbara Unveils 13-Year Simberi Expansion with 2.2Moz Gold and US$717M NPV
5:34am on Monday 2nd of June, 2025 AEST
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Mining
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St Barbara Unveils 13-Year Simberi Expansion with 2.2Moz Gold and US$717M NPV
5:34am on Monday 2nd of June, 2025 AEST
Key Points
13-year Life of Mine Plan with 2.2 million ounces gold production
Annual gold production rising above 220,000 ounces from FY28
Initial capital expenditure estimated at US$235 million plus US$40-60 million pre-expansion capital
Post-tax NPV of US$717 million and IRR of 62% at US$2,500/oz gold price
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